Airline

SpiceJet receives notice from NCLT over insolvency plea

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SpiceJet receives notice from NCLT over insolvency plea

SpiceJet has received a notice from the National Company Law Tribunal (NCLT) on an insolvency plea. The plea is filed by one of the SpiceJet creditors, Acres Buildwell, to whom SpiceJet owns INR 32.5 million. The airline has two weeks to respond to the plea. The case is likely to be heard on Septemb...

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